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Seazen Group (HKSE:01030) Interest Expense : HK$-4,300 Mil (TTM As of Jun. 2024)


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What is Seazen Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seazen Group's interest expense for the six months ended in Jun. 2024 was HK$ -1,634 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-4,300 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Seazen Group's Operating Income for the six months ended in Jun. 2024 was HK$ 3,852 Mil. Seazen Group's Interest Expense for the six months ended in Jun. 2024 was HK$ -1,634 Mil. Seazen Group's Interest Coverage for the quarter that ended in Jun. 2024 was 2.36. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Seazen Group Interest Expense Historical Data

The historical data trend for Seazen Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Seazen Group Interest Expense Chart

Seazen Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,330.81 5,165.04 6,008.58 -54.29 -2,378.56

Seazen Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,727.10 -2,652.31 287.57 -2,666.12 -1,633.62

Seazen Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-4,300 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Seazen Group  (HKSE:01030) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Seazen Group's Interest Expense for the six months ended in Jun. 2024 was HK$-1,634 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$3,852 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$46,854 Mil.

Seazen Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*3852.178/-1633.616
=2.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Seazen Group Ltd interest coverage is 1.68, which is low.

Seazen Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seazen Group Ltd (HKSE:01030) » Definitions » Interest Expense
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HKSE:00081 HKSE:01918 HKSE:00034 HKSE:00604 HKSE:00173 HKSE:00119 HKSE:00028 HKSE:00817 HKSE:00272 HKSE:00051 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
6FLA:Germany
Address
No. 5, Lane 388, Zhongjiang Road, 11th Floor, Seazen Holdings Tower B, Putuo District, Shanghai, CHN, 200063
Website
http://www.seazengroup.com.cn
Seazen Group Ltd is an investment holding company that develops and sells properties. The company has two operating segments; The A-share company segment is engaged in the development of residential properties and mixed-use complexes for sale and investment, and the Non-A share companies segment is engaged in services. All the property development projects are in the People's Republic of China, and accordingly, the majority of the revenue of the Group is derived from the PRC.
Executives
Chen Jing 2202 Interest of your spouse
Chen Ting Sen (ptc) Limited 2301 Trustee
Wang Zhenhua 2307 Founder of a discretionary trust who can infl
Jiang Jinzhi 2201 Interest of corporation controlled by you

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